529 Bullion BlvdWinchester, KY 40391

For Sale
$650,000 View listing
  • Commercial real estate
  • 5.64 AC

Property Details for 529 Bullion Blvd

Lot size
5.64 AC
Property type
Commercial real estate
APN
043-0000-003-08
APU
43000000308

Description

This exceptional 3-acre commercial lot, situated at 529 Bullion Boulevard Unit 3A in Winchester, Kentucky, presents a unique investment opportunity. Ideally positioned along Bypass Road, a high-traffic artery with an average daily traffic count of 24,801 vehicles, this property benefits from its proximity to major retail anchors such as Kroger and Walmart. The lot is conveniently located in a second row position, offering visibility from the Bypass while also being situated within a residential area. The property is divisible, with options for subdivision into smaller parcels. Winchester, KY, the county seat of Clark County, enjoys a strong economic base supported by significant employers including Amazon, Ale-8-One, and Catalent Pharmaceuticals. The property's location within the Lexington-Fayette KY Metropolitan Statistical Area further enhances its appeal. Conceptual development plans, available online, illustrate the potential for a retail development of up to 22,800 square feet. This versatile property is well-suited for a variety of uses, including retail, office, storage, or mixed-use development, making it an attractive prospect for investors and developers seeking a prime location in a thriving community. The asking price is $775,000. Detailed conceptual plans are available for review.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $48,238,528
    Hospitality
    $44,186,236
    Educational
    $36,762,428
    Medical
    $38,026,744
    Retail
    $57,186,000
529 Bullion Blvd, Winchester, Kentucky

Location Insight

City
Winchester
County
Clark
State
Kentucky
Latitude
37.9906
Longitude
-84.2137
CBSA code
30460
CBSA name
LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,895
$700,000
-
$700,000
-
$700,000
-
$700,000

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